FinTech News

AI neo-insurer MGT secures $21.6m Series B funding

AI neo-insurer MGT secures $21.6m Series B funding

AI-driven commercial insurer MGT, a vertically AI-native neo-insurer focused on modernising property and casualty (P&C) coverage for small businesses, has closed an oversubscribed $21.6m...
Generalised linear models (GLMs) remain a core tool in insurance and banking analytics, but building accurate, interpretable models is not always straightforward. One of the biggest challenges is handling hierarchical categorical data—common in insurance tables, such as Location. Using the wrong level of detail can lead to overfitting, multicollinearity, slow training, and unstable coefficients.

Optimising predictive modelling in insurance and banking

Generalised linear models (GLMs) remain a core tool in insurance and banking analytics, but building accurate, interpretable models is not always straightforward. One of...
LifeSearch, one of the UK’s leading protection advice specialists, has announced a new partnership with accountancy software platform All in Place to enable accountancy firms to offer their SME clients seamless access to life insurance and business protection solutions.

All in Place teams up with LifeSearch for business protection solutions

LifeSearch, one of the UK’s leading protection advice specialists, has announced a new partnership with accountancy software platform All in Place to enable accountancy firms...
Resilience, a leading cyber risk solution company, specialising in cyber risk management, technology insurance, and enterprise risk software, has expanded its appetite for Technology Errors & Omissions (Tech E&O) insurance to mid-market clients in the US, UK, and EU.

Resilience unveils new Tech E&O insurance for growth-stage firms

Resilience, a leading cyber risk solution company, specialising in cyber risk management, technology insurance, and enterprise risk software, has expanded its appetite for Technology...
Egyptian InsurTech firm SehaTech, which develops AI-driven solutions to modernise health insurance administration, has secured $1.1m in a seed funding round.

SehaTech bags $1.1m to boost AI health insurance platform

Egyptian InsurTech firm SehaTech, which develops AI-driven solutions to modernise health insurance administration, has secured $1.1m in a seed funding round. The round was led...
Faced with rising healthcare costs, growing mental health demands, workforce shortages, and the widening gap between lifespan and health span, traditional healthcare models are struggling. While reforms are urgently needed, the debate continues over what shape these changes should take.

How digital health engagement cuts healthcare costs

Faced with rising healthcare costs, growing mental health demands, workforce shortages, and the widening gap between lifespan and health span, traditional healthcare models are...
In today’s insurance market, capacity is shifting, and with it, new models are emerging. As traditional insurers retreat from volatile and emerging risks, hybrid fronting carriers are stepping up as essential players—particularly for MGAs looking to launch specialist programmes quickly. According to Novidea, these carriers offer a unique solution to the growing demand for flexible, responsive insurance structures.

Unlocking growth in UK insurance with hybrid carriers

In today’s insurance market, capacity is shifting, and with it, new models are emerging. As traditional insurers retreat from volatile and emerging risks, hybrid...
Stand, an innovative insurance company focused on protecting catastrophe-exposed properties, has closed a $35m Series B funding round.

Stand raises $35m to grow resilience-linked insurance

Stand, an innovative insurance company focused on protecting catastrophe-exposed properties, has closed a $35m Series B funding round. The funding round was led by Eclipse,...
Beacon.li, the enterprise AI orchestration platform, has launched a new suite of AI-powered agents designed specifically for the insurance sector.

Beacon.li AI agents cut insurance quote and claims times

Beacon.li, the enterprise AI orchestration platform, has launched a new suite of AI-powered agents designed specifically for the insurance sector. The launch comes as digital...
Profitable growth in a soft market: How contextual AI and decision intelligence are redefining insurance

Profitable growth in a soft market: How contextual AI and decision intelligence are redefining...

After more than five years of hard market conditions, the insurance sector is now shifting into a soft market. This shift means firms will need to change their strategies to ensure they can stay competitive and profitable. Quantexa VP Insurance Alex Johnson believes Contextual AI and Decision Intelligence is the key to achieving this.

News Stories

Sixfold’s new AI tool tackles life and health cases

Sixfold, the underwriting AI platform used by leading insurers around the world, has launched an AI Underwriter for Life & Health insurance, a governed...
Great Hill Partners announces strategic investment in Aurenity

Great Hill Partners announces strategic investment in Aurenity

Aurenity, a technology-enabled excess & surplus (E&S) managing general agent headquartered in Connecticut, has secured a strategic investment from Great Hill Partners, a private...
WTW becomes official insurance partner of WSL Football

WTW becomes official insurance partner of WSL Football

WTW, a leading global advisory, broking and solutions company, has become the official insurance partner of the Barclays Women's Super League (BWSL) and BWSL2,...
Producerflow joins State Farm Startup Pitch finalists

Producerflow joins State Farm Startup Pitch finalists

Producerflow, a modern insurance distribution management platform built to help carriers, managing general agents and agencies manage the full producer lifecycle from onboarding through...
Closing insurance’s emerging risk blind spot

Closing insurance’s emerging risk blind spot

Insurance firms have always had to look to the future and prepare for potential outcomes. However, amid growing instability, that task has become much...
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